To get your residential mortgage loan or home equity line started at The PrivateBank, please consider the following checklist.

Mortgage Checklist

• Mortgage Application
• Pay Stubs: Copies of the two most recent months
• W-2 Forms: Copies of the two most recent years Please Note The Following:
  
  
  • Self-Employed: Include copies of your personal Federal Income Tax Returns for the two previous years including all schedules and statements, K-1s for all partners, and all corresponding W-2s. Please provide original signatures on all copies.
  • General Partner: If you hold more than 25% interest as a general partner, please submit signed copies of your Federal Partnership Income Returns for the previous two years.
  • Limited Partner or Corporation: If you own 25% or more of the outstanding capital stock of a company, please submit copies of your Federal Corporation Income Tax Returns for the previous two years. Also include the Corporation Financial Statements for the most recent year.
    
    
• Asset Statements: Copy of the most recent bank statements (checking, savings, securities, money market accounts, IRAs, 401(k) pension plans)
• Homeowner's Insurance: Agent's name and telephone number
• Other Obligations: If you are required to make alimony or child support payments, please include copy of Divorce Decree
• Application Fee: Your check of $350 made payable to The PrivateBank will be applied toward your appraisal and credit report

You may be asked to provide additional verification and/or updated verifications prior to closing.

Home Equity Checklist

To begin processing your home equity line of credit, please provide the following:

• Home Equity Application
• Proof of Homeowner's Insurance
• Mortgage Statement (copy of your most recent statement for existing home)
• Income Verification (includes pay stub, W2 or Tax Return)